Full List Of Stories
London close: Stocks mixed on tsunami of updates, US GDP data
London stocks closed with mixed results on Thursday as investors processed faster-than-anticipated economic growth in the United States, following a heavy flow of corporate announcements earlier in the day.
Victoria still facing uncertain demand across most markets
Flooring specialist Victoria said in an update on Thursday that it continued to outperform a number of its competitors during the first quarter of the financial year. #.
American Airlines posts record quarterly revenue but slashes earnings outlook
American Airlines reported its highest-ever quarterly revenue for its second quarter on Thursday, at $14. 3bn, although that still fell short of its own expectations, as the airline also lowered its full-year earnings guidance.
UMG shares slide as subscription, streaming revenue disappoints
Shares in Universal Music Group (UMG) experienced their steepest slide since going public on Thursday, after the Amsterdam-traded company’s subscription and streaming revenue growth failed to meet investor expectations.
HSBC, Lloyds among banks found in violation of CMA rules
Four major high street banks - HSBC, Lloyds, TSB, and Allied Irish Banks (AIB) - have been found in violation of rules set by the Competition and Markets Authority (CMA), it emerged on Thursday.
De La Rue loss before tax narrows in difficult market
Authentication and currency solutions specialist De La Rue reported total revenue of £310. 3m in its full-year results on Thursday, marking an 11. 3% decline from £349. 7m in the prior fiscal year, primarily due to a downturn in the currency industry.
CVS Group flags lower full-year sales growth
Listed veterinary service provider CVS Group said in an update on Thursday that it achieved growth of around 10% in full-year revenue for continuing operations, with like-for-like sales increasing 2. 9%, compared to 7. 3% in the 2023 financial year.
Asia report: Markets tumble after Wall Street sell-off
Asia-Pacific markets experienced significant declines on Thursday, mirroring the overnight sell-off on Wall Street.
CAB Payments confident despite tough market conditions
CAB Payments said in an update on Thursday that despite facing challenging market conditions, it achieved a 4% increase in total volume levels to £17. 6bn in the first half, compared to £16. 9bn in the first six months of 2023.
HICL Infrastructure on track to meet dividend target
HICL Infrastructure reported a solid operational performance alongside strategic financial manoeuvres in an interim update on Thursday.
Alliance Trust posts solid first-half performance
Alliance Trust announced a solid investment performance for the first half of 2024 on Thursday, with increases in both its share price and net asset value (NAV).
Relx reports robust first-half growth
Business information specialist Relx reported a robust set of first-half results on Thursday, underscoring strong underlying growth and reaffirming its positive full-year outlook.
Anglo American revenue, earnings slip as it focuses on costs
Anglo American reported $5bn in underlying EBITDA for the first half of 2024 on Thursday, down 3% year-on-year, after a strong operational performance that it said largely counterbalanced a 10% decrease in the average product basket price.
AstraZeneca hikes full-year guidance after strong first half
AstraZeneca revised its full-year 2024 guidance upwards on Thursday, anticipating mid-teens percentage growth in both total revenue and core earnings per share at constant exchange rates.
BT reiterates full-year targets, AstraZeneca hikes guidance
London open The FTSE 100 is expected to open 39 points lower on Thursday, having closed down 0. 17% on Wednesday at 8,153. 69.